Illimity Bank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Illimity Bank suits Italian current account holders who want a fee-free fixed-rate personal loan and can show provable income. Its 11.56% sits under the site median of 12%, and the hard credit check means the same file is read at every step.

Key facts

Best for
Fee-free fixed-rate personal loans for existing current account holders in Italy.
APR
11.56% (Source, checked September 26, 2026)
Loan amount
€1,500 to €20,000 (Source, checked September 26, 2026)
Term
12 to 72 months (Source, checked September 26, 2026)
Arrangement fee
0 EUR (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Representative example
Personal loan of 8,000 euro repaid in 60 monthly instalments of 171,95 euro, TAN 10.49% fixed, TAEG 11.56% fixed, total amount due 10.432 euro (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Broker (Source, checked September 26, 2026)
Eligibility
Existing illimity current account holders aged 18 to 75 with provable income (payslip, pension slip or last tax return); ID card, health card and income document required (Source, checked September 26, 2026)
Origination fee (%)
0% (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Legal entity
illimity Bank S.p.A. (Source, checked September 26, 2026)
Headquarters
Italy (Source, checked September 26, 2026)
Founded
2018 (Source, checked September 26, 2026)
Support channels
Email, Chat, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Official website
illimity.com

Apps and profiles

Get the app
App Store
Elsewhere
LinkedInX

Pros and cons

Pros

  • Arrangement fee of 0 EUR on a personal loan of €1,500 to €20,000
  • Fixed rate of 11.56%, under the site median of 12%
  • Hard credit check, the most common kind at 72.7%
  • Support runs on email, chat and phone for account holders

Cons

  • Only personal loans are offered, and broker access narrows where the money comes from
  • Borrowing runs €1,500 to €20,000 and terms run 12 to 72
  • Eligibility is closed to existing account holders, and the hard credit check reads your file
Illimity Bank

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Scored 8.9 / 10 by BorrowCue.

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Who it suits

  • Adults in Italy with an illimity current account and provable income
  • Borrowers after a fixed rate rather than a variable one
  • People who want a personal loan with no arrangement fee

Who should look elsewhere

  • Borrowers without an illimity current account, who cannot apply
  • Anyone looking for a loan above €1,500 to €20,000
  • Readers after a credit line, since only personal loans are offered

Safety and regulation

Illimity Bank holds a Banca d'Italia licence, listed as 5710, and lends as a broker rather than as a shop front that only introduces you to a lender. The representative example is a personal loan repaid in monthly instalments at a fixed TAN and a fixed TAEG, with the total amount due shown alongside. Fixed-rate lending keeps the repayment figure steady for the life of the loan.

Who runs it

The lender is illimity Bank S.p.A., based in Italy and founded in 2018. It is supervised in Italy, with the Banca d'Italia licence recorded as 5710. Existing account holders can reach the bank on email, chat and phone, so help is available without visiting a branch. Applications sit with current account holders, which shapes who the loans are designed for.

How Illimity Bank compares

Where Illimity Bank is available

Available
Italy
Licence in Italy
Banca d'Italia (5710), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does a personal loan from Illimity Bank cost?+

A personal loan runs at 11.56% on a fixed rate, and the arrangement fee is 0 EUR. That APR is below the site median of 12%, which puts it towards the cheaper end of the personal loans listed here.

Is there an arrangement fee to pay?+

There is no arrangement fee to pay. The fee is listed as 0 EUR on a personal loan, so setting the loan up costs nothing extra. What you repay each month covers the amount borrowed plus interest on the fixed rate, and nothing is added at the start.

How much can I borrow and over what term?+

Loans run €1,500 to €20,000 and repayments are spread across 12 to 72. A hard credit check applies, so the amount you are offered depends on your credit file and your provable income, while the fixed rate keeps the monthly figure the same each month.

Do I need an account to apply?+

You do. Applicants must already hold an illimity current account and be able to prove income. The bank asks for an ID card, a health card and a document showing income, such as a payslip, a pension slip or a tax return. The loan is a personal loan of €1,500 to €20,000 on a fixed rate.

Who regulates Illimity Bank?+

The bank is authorised and supervised in Italy by Banca d'Italia, and the licence is recorded as 5710. The entity behind the loans is illimity Bank S.p.A., based in Italy, so the lender is a named Italian company rather than an anonymous seller.

What kind of lender is this?+

Illimity Bank is listed as a broker, and the loans on offer are personal loans on a fixed-rate model. The rate type is fixed, so the monthly figure you agree does not drift during the term and the loan is a personal product.

How can I get help with my loan?+

Account holders can use email, chat and phone. Because the loan is tied to an existing current account, questions go to the same relationship you already have with the bank rather than to a separate servicer, and the same illimity Bank S.p.A. handles the account and the loan.

Sources

Compiled from 5 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Funding time.

Illimity Bank

Illimity Bank

Fee-free fixed-rate personal loans for existing current account holders in Italy.

8.9/10See alternatives

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